Soaring Inflation Affects the Construction Sector
UGANDA, Kampala | Real Muloodi News | In Uganda, the construction and building materials sector has been grappling with , leaving many…
Banking Sector Restricts Real Estate Lending
UGANDA, Kampala | Real Muloodi News | A recent Bank of Uganda report has raised alarms about banks tightening their lending practices,…
Reforms in Credit Reference Bureau Blacklist Loan Defaulters
UGANDA, Kampala | Real Muloodi News | The Financial Institutions (Credit Reference Bureau) Regulations, 2022 have been introduced to address…
Supreme Court Reduces Award in BoU-Sudhir Case to USh500m
UGANDA, Kampala | Real Muloodi News | The Supreme Court has recently made a ruling in the case between Meera Investments and businessman…
BoU Selling Prime City Properties, Hurry to Bid!!
UGANDA, Kampala | Real Muloodi News | The Bank of Uganda (BoU) has announced that it is selling prime city properties worth billions…
Borrowing Slows Down Due to Increased Interest Rates
UGANDA, Kampala | Real Muloodi News | According to the Deputy Governor of the Bank of Uganda (BoU), Martin Atingi-Ego,…
Govt USh200b Roko Shareholding Deal Raises Eyebrows
UGANDA, Kampala | Real Muloodi News | Last week, Government tabled before parliament a proposal to buy 150,000 preference shares…
Sudhir’s 5-year Legal Battle with BoU Ends; BoU Ordered to Return Crane Bank Assets
UGANDA, Kampala | Real Muloodi News | The five-year legal battle between Sudhir Ruparelia and the Bank of Uganda has…
BoU Increases Central Bank Rate in an Effort to Fight Inflation
UGANDA, Kampala | Real Muloodi News | Bank of Uganda raised the Central Bank Rate (CBR) by a percentage point on Thursday to 7.5…
Russia-Ukraine Invasion May Affect Bank of Uganda’s Interest rates
UGANDA, Kampala | Real Muloodi News | UPDATE: April 13, 2022: The Bank of Uganda left its benchmark interest rate at…